U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
The U.S. dollar traded sideways on Tuesday after a week-long decline, pressured by cautious signals from the Federal Reserve and rising concerns over the growing U.S. fiscal deficit. Market focus has shifted to a key vote in Washington on President Donald Trump’s sweeping tax cuts, which could significantly increase the national debt.
The greenback fell broadly on Monday following Moody’s unexpected downgrade of the U.S. credit rating, citing concerns over the $36.2 trillion debt burden. Trump is set to join the congressional debate, with analysts estimating his proposed tax cuts could add $3 trillion to $5 trillion to the deficit.
Atlanta Fed President Raphael Bostic said Monday the central bank may only lower interest rates by 25 basis points this year due to inflation pressures from higher import tariffs. His remarks added to uncertainty over the Fed’s next move.
The dollar index edged up 0.1% after dropping 0.6% in the prior session, reflecting a tentative recovery. Against the yen, the dollar rose to 144.99 from Monday’s 144.66 low, its weakest level since early May. The euro slipped 0.1% to $1.1234, while the British pound traded at $1.3354, down 0.1%.
The Australian dollar held firm at $0.6449 after a 0.8% surge on Monday, as traders awaited a widely expected 25 basis point rate cut from the Reserve Bank of Australia later Tuesday.
Weighing on U.S. assets are rising trade tensions, fiscal instability, and eroding confidence in the country’s economic leadership. The dollar index has dropped 10.6% since January, marking one of the steepest three-month declines in recent years, underlining broader investor unease over U.S. economic direction.
